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  • Seeking Stocks With Cheap, Safe Dividend Streams [View article]
    One of the longest continuous dividend streams is held by BB&T Corp. I think it goes back to 1914. It was recently raised from .42 to .46 per share. The bank holds no sub-prime paper and banks in the growing southeastern US. Earnings estimated at .80 per share are to be reported on Jan. 17. The trouble here is the yield is about 7% and the stock has declined from 44 to about 27. One has to wonder if the market knows more than the public about the prospects of BB&T going foreward. On my orginal investment the dividend yields 18%.
    Jan 09 19:55 pm |Rating: 0 0
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